Analyst/Associate - Exposure Management
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Overview
Job Description
Summary
Mizuho Americas is seeking an Analyst/Associate in its Exposure Management (EM) function, reporting to EM lead, under the Head of Market and Liquidity Risk Management. The candidate will work with a focused team of individuals tasked with establishing a quantitative measurement framework for counterparty credit risk exposures, following the guidance of the Federal Reserve SR11-10 letter (Interagency Counterparty Credit Risk Management Guidance). This may include among other items: PFE and EAD modelling, counterparty VaR modelling, portfolio risk analysis, sensitivity analysis, scenario analysis, stress testing, wrong way risk analysis, SIMM modelling, and counterparty risk capital analysis. The team partners with the Capital Markets Credit Department to measure limit usage, establish collateral requirements, and develop a comprehensive haircut/Independent Amount/Initial Margin framework. The team also partners with IT and project management to implement credit risk measure quantification and its aggregated reporting and monitoring.
Core Responsibilities
Generate counterparty exposure reports for senior management.
Perform quantitative analysis of counterparty exposure such as initial margin, potential future exposure
Monitor counterparty exposure on an ongoing basis
Responsible for exposure and portfolio management of counterparties and effective management of risk in derivative transactions.
Conduct what-if analysis on new transactions and counterparty portfolio.
Automate labor intensive tasks to enhance efficiency and streamline processes
Play a key role in executing ongoing improvements in data quality and reporting infrastructure.
Support new initiatives and projects to enhance portfolio management and exposure management.
Experience and Education Requirements
Master's degree in Quant Finance/Mathematics/Engineering.
Strong analytical skills and quantitative background.
Experience in Python, VBA, SQL preferred
Knowledge of derivative products/counterparty credit risk preferred
Excellent written and verbal presentation skills
Strong attention to detail.
Team player and ability to work closely with partners.
0-3 years experience in finance industry
The expected base salary ranges from $83,500 - $115,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.
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Other requirements
Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.
Company Overview
Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.
Mizuho Americas offers a competitive total rewards package.
We are an EEO/AA Employer - M/F/Disability/Veteran.
We participate in the E-Verify program.
We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.
#LI-MIZUHO
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